After Barclay when is it safe to apply?

Ive read that Barclay is sensitive about new TL after new account. I didnt know this when I applied and received 3 new cards at once... Barclay, Discover, AMEX. Ive decided not to app for another amex for at least a year, which leaves only walmart on my list. Im not worried about being approved, just pissing off Barclay and AMEX. I would like to have all my inquires lumped together as much as possible. How long should I wait? Should i just do it? I currently have 4 inq on ex, 3 on TU, and 1 on EQ. However my AMEX wont start reporting for awhile still. So, Barclay has really only seen the INQ's if they have softed at all.. Advice?

Re: After Barclay when is it safe to apply?

Ive read that Barclay is sensitive about new TL after new account. I didnt know this when I applied and received 3 new cards at once... Barclay, Discover, AMEX. Ive decided not to app for another amex for at least a year, which leaves only walmart on my list. Im not worried about being approved, just pissing off Barclay and AMEX. I would like to have all my inquires lumped together as much as possible. How long should I wait? Should i just do it? I currently have 4 inq on ex, 3 on TU, and 1 on EQ. However my AMEX wont start reporting for awhile still. So, Barclay has really only seen the INQ's if they have softed at all.. Advice?

6 months is the general concensus provided Barclays was your last application. They are very skiddish with new tradelines reporting after they've approved you, and could CLD or close it. Their portfolio department watches the account for that period of time as a precautionary measure for the bank. You should be fine at this point, just don't go on any app sprees during this "probationary" period with them. I would personally wait to apply for WalMart. Others will chime in with their viewpoint, but that's just what i'd do, and as always, YMMV

Re: After Barclay when is it safe to apply?

My expreience has been that they softed my TU and EX reports for 6 straight months. Some times twice in a month just to see any activity. I can pretty much assure you that they will be checking your accounts and probably both EX and TU.

My advice, after speaking with Barclay Reps is to not apply for anything until the probationary period is over with them.

Re: After Barclay when is it safe to apply?

My understanding is they monitor new accounts for 6 months. Barclay's is my latest account, but Cap1 actually hit my reports after Barclay's even though I app'ed with them before. Needless to say, I was scared! I won't be app'ing for anything new until my 6 months is up -- which ironically is when my baddie falls off.

Re: After Barclay when is it safe to apply?

Another issue with them (that I've read) is that they freak out when they see a sudden drastic increase of revolving debt reporting on the CBRs...especially when it is out of the normal behaviour of the cardmember. Most people don't seem to see any AA from them after opening new accounts after their Barclays approval, but for someone with a young credit history and escalating debt, any issuer might react with a CLD or a closure.

Re: After Barclay when is it safe to apply?

Another issue with them (that I've read) is that they freak out when they see a sudden drastic increase of revolving debt reporting on the CBRs...especially when it is out of the normal behaviour of the cardmember. Most people don't seem to see any AA from them after opening new accounts after their Barclays approval, but for someone with a young credit history and escalating debt, any issuer might react with a CLD or a closure.

This reason couples with series of new accounts with trigger AA. I don't think people should worry that much about 6 months period if they only have 1 or 2 new accounts after barclay and can maintain util on credit report under 5% at all time and PIF barclay.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair
organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or
assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.